The Trading and Investing Platform Etoro Group Ltd. (Nasdaq: ETOR) today announced the closure of a new three -year 250 million dollars of higher non -secured credit facility.
The installation provides the Etoro greater financial flexibility for the execution of long -term strategic development objectives. The credit line remains without closing.
ETORO concludes the agreement without pending debt and a strong liquidity position, including more than $ 736 million in cash, cash equivalents and short -term investments on March 31, 2025.
“This installation provides ETORO improved economic flexibility to support our long -term strategic development initiatives. It further introduced our strong liquidity profile and ensures that we are well positioned to execute our plans for continuous growth and expansion,” said Meron Shani.
Etoro entered the facility organized by CIT, Bank Hapoalim, Leumi Bank, Deutsche Bank, Goldman Sachs, Mizuho Bank, Sumtomo Mitsui Banking Corporation and UBS.